Column|Optics: FCC Transceiver Rules Might Be Better Than Feared, and Better for Top Chinese Players Than You'd Think

Investors have been discussing yesterday’s strength in optics stocks, particularly Lumentum and Coherent. The gains have been attributed to a widely discussed note reporting a senior legal team’s view of how the FCC may frame restrictions on Chinese-built optical transceivers.

We examine the context for that note and the potential effects on suppliers.

Three Preliminary Observations